ARIZONA HOUSE OF REPRESENTATIVES

Fifty-sixth Legislature

Second Regular Session

House: RA DPA/SE 6-0-0-0

HB 2698: planned communities; declarant control

S/E: same subject

Sponsor: Representative Carter, LD 15

Caucus & COW

 

Summary of the Strike-Everything Amendment to HB 2698

Overview

Outlines requirements relating to a period of declarant control within a homeowners' association (HOA).

History

Statue defines an association as a nonprofit corporation or unincorporated association of owners that is created pursuant to a declaration to own and operate portions of a planned community.  A declaration is any instrument that establishes a planned community and any amendment to that instrument (A.R.S. § 33-1802).

Provisions

1.   ☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal NoteSpecifies that each declaration that provides a period of declarant control of the HOA must also provide for the termination of declarant control. (Sec. 1)

2.   Stipulates that, regardless of community documents dictating the termination of declarant control, declarant control terminates no later than the date that the second to last lot is conveyed to a buyer. (Sec. 1)

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6.                     HB 2698

7.   Initials DC           Page 0 Caucus & COW

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